Pirelli, the tire maker based in Milan, Italy, and Balkrishna Industries (BKT), an off-highway tire maker in Mumbai, in western India, signed three agreements on October 22 to make premium passenger car tires in India, The Financial Express reported. The agreements set up a joint venture that the two companies...
Amneal Opens a New Office in Ahmedabad for 1,200 Employees
Amneal Pharmaceuticals has opened a new administrative office in Ahmedabad, in western India, Pharmabiz reported. The company, based in Bridgewater, New Jersey, develops and sells generic and specialty drugs and biosimilars. The office is on Cliantha Road, covers 335,000 square feet and will house 1,200 employees. The reports put the...
Applied Materials Wants India Team to Own Chip Equipment Products
Applied Materials, the semiconductor equipment maker in Santa Clara, California, wants its India team to take ownership of some of its global product lines, Fortune India reported on October 20. The company supplies the equipment, services and software that chipmakers use to manufacture semiconductors. The company plans to give its...
DHL Plans Its First Semiconductor Warehouse in India
DHL Group, the German logistics company, is building a warehouse in Dholera, in the western state of Gujarat, to handle semiconductors. Mint reported that the facility will be the company's first dedicated chip warehouse in India. It will sit close to the plant that Tata Electronics is building in Dholera,...
Octillion opens 140,000 sq ft EV Battery Factory in India
While much of the American conversation about electric vehicles has centered on slowing domestic demand and shifting federal incentives, a Richmond, California company just demonstrated where the growth is going. Octillion Power Systems, a Tier 1 supplier of EV battery systems, has opened its third manufacturing plant in India —...
Reliance and Meta to Develop AI-Enabled Data Center in India
Menlo Park, CA- headquartered Meta signed an agreement with India's Reliance Industries to lease its first AI‑enabled data center in India. This facility will be located in the city of Jamnagar, in the state of Gujarat. Key features: The facility will provide 168 MW of capacity, with options to expand....